Gaming software developer, CryptoLogic Limited, today announced that it has signed a multi-year licensing contract with GigaMedia Limited, a major online gaming operator to offer its online casino software on the Everest Gaming platform. GigaMedia operates and licenses a series of gaming sites including Everest Poker, one of the largest online poker sites in the world and sponsor of the 2008 World Series of Poker. The agreement made through CryptoLogic's wholly-owned subsidiary, WagerLogic Limited, will let the company to launch its instant play casino with a selection of languages, followed by more language options expected to be available on the first quarter of 2009.

"I've said before that CryptoLogic's core strengths are the development of the industry's most innovative casino games and licensing our exceptional casino software to the top gaming sites around the world. CryptoLogic's exclusive partnership with GigaMedia clearly demonstrates the international appeal of our highly successful casino software - a strength on which we will continue to focus and build moving forward." said Brian Hadfield, CryptoLogic's President and CEO.

CryptoLogic offers one of the largest selections of online casino games with more than 200 games and a few hundred licenses. The company has earned rave reviews from industry analysts and observers as well as from online players and in 2008, CryptoLogic was honored with Gambling Online Magazine's Top Casino Software award, which is considered as one of the most important recognitions in the gaming industry.

"We are committed to delivering players the best online entertainment. And this exciting lineup from CryptoLogic featuring world famous action heroes can help us do just that." said Bob Cahill, Chief Executive Officer of GigaMedia's gaming software division.

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